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BTC $63,473.51 +2.22%
ETH $1,684.08 +3.37%
BNB $606.34 +1.64%
XRP $1.17 +2.12%
SOL $67.18 +2.91%
TRX $0.3256 -0.34%
DOGE $0.0866 +2.18%
ADA $0.1693 +3.64%
BCH $207.81 -7.36%
LINK $8.02 +3.76%
HYPE $63.81 +8.38%
AAVE $64.36 +2.56%
SUI $0.7623 +1.68%
XLM $0.2005 -2.82%
ZEC $445.01 +5.88%

Data: As of the end of March this year, Animoca's balance sheet holds $558 million in digital assets, with a total of $291 million in cash and stablecoins

2024-04-26 17:15:39
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ChainCatcher news, according to Tech In Asia, as of March 31, 2024, Animoca Brands holds a total of $291 million in cash and stablecoins, up from $194 million held on April 30 last year. Additionally, Animoca stated that it holds $558 million in digital assets on its balance sheet. Since December 2023, Animoca's external investments and token issuances have increased its digital portfolio by $266 million.

Aside from the balance sheet, Animoca's Web3 subsidiary holds approximately $1.8 billion in token reserves. Moreover, this figure does not include the value of nearly 400 minority equity investments in other Web3 businesses.

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